Classical
management perspective was shared by all in attendance at the dinner.
The
parts of the Classical management perspective which was most famous and mostly
used during the time of 1890 to 1940 are:
Scientific
management
Bureaucratic
organizations and
Administrative principles
<span>The
classical management perspective is still widely used.</span>
The body of law that governs oral and written agreements associated with the exchange of goods, services, money and property is known as <u>contract law</u>.
<h3>What is contract law?</h3>
Contract law can be defined as a set of law that governs oral and written agreements between two or more parties with respect to the buying and selling of goods, services, debt, loans, property, etc.
<h3>What is a contract?</h3>
A contract can be defined as a formally written agreement between two or more parties such as a group of people, team, etc., which primarily gives rise to a mutual legal obligation that is enforceable by law across specific jurisdiction in the world.
<h3>The types of contract.</h3>
Generally speaking, there are different types of contract in business and these include the following:
- Fixed-price contract
- Cost-plus contract
- Bilateral contract
- Implied contract
- Unilateral contract
- Adhesion contract
- Unconscionable contract
- Option contract
- Express contract
- Executory contract
Read more on a contract law here: brainly.com/question/28180355
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Answer: C. Work in Process Inventory.
Explanation:
When Raw Materials are purchased they are simply put into the Materials Account.
When the company needs to start working on them however, they will transfer the raw materials to the Work in Progress account which records the Direct Materials and Direct Labor that are used in the Production process. By Debuting this account they indicate that the materials in it have increased.
Starting a business out of necessity reffers to making a decision based on specific criteria that has an affect on a certain number of people. In this situation, a person is making the decision they feel is best based on information collected and parts of an oganization that needs to be changed. It's imparative to do your research and decided what and why things need to change and the best way to acheive success in doing so.
Answer:
outsource the accounting function to another firm
Explanation:
Based on this information regarding Marcus' situation, the best advice would be for him to outsource the accounting function to another firm. This is something that many individuals/companies do and will allow Marcus to focus all of his time and energy on what he is best at (which is helping his clients with their marketing challenges.) while at the same time making sure that the accounting tasks such as billing the clients are done quickly and correctly.
